Reddit’s IPO Filing Shows Lots Of Losses After Nearly 20 Years - eviltoast
When will the company make money? After two decades, it still can’t say. And there are enough other red flags that investors might want to be wary.
  • ApeNo1@lemm.eeEnglish
    13·
    8 months ago

    I am not a CFO but I believe essentially by eating into cash reserves and accumulating debt. Also there is some wizardry when you work out operating profit / EBIT.

    Earnings vs Debt

    Someone more financially competent may want to offer a more accurate answer.